GBP/CHF Poised for a Bullish Wave
At the beginning of August, GBP/CHF completed a bullish harmonic pattern at the 1.0740 level. Since then, the pair has been on a steady upward trajectory.
Over the past couple of weeks, GBP/CHF has been accumulating.
Today, following the release of the SNB’s CPI and GDP data, GBP/CHF has begun to show increased bullish momentum.
As indicated on the chart, the targets for GBP/CHF in September are 1.1320, 1.1490, and 1.1660.
------------------------------------------------------------------
CHF Gross Domestic Product (QoQ) (Q2)
Actual 0.7 %
Expected 0.5%
Previous 0.5%
CHF Gross Domestic Product (YoY) (Q2)
Actual 1.8 %
Previous 0.6%
------------------------------------------------------------------
CHF Consumer Price Index (MoM) (Aug)
Actual 0%
Expected 0.1%
Previous -0.2%
CHF Consumer Price Index (YoY) (Aug)
Actual 1.1%
Expected 1.2%
Previous 1.3%
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
At the beginning of August, GBP/CHF completed a bullish harmonic pattern at the 1.0740 level. Since then, the pair has been on a steady upward trajectory.
Over the past couple of weeks, GBP/CHF has been accumulating.
Today, following the release of the SNB’s CPI and GDP data, GBP/CHF has begun to show increased bullish momentum.
As indicated on the chart, the targets for GBP/CHF in September are 1.1320, 1.1490, and 1.1660.
------------------------------------------------------------------
CHF Gross Domestic Product (QoQ) (Q2)
Actual 0.7 %
Expected 0.5%
Previous 0.5%
CHF Gross Domestic Product (YoY) (Q2)
Actual 1.8 %
Previous 0.6%
------------------------------------------------------------------
CHF Consumer Price Index (MoM) (Aug)
Actual 0%
Expected 0.1%
Previous -0.2%
CHF Consumer Price Index (YoY) (Aug)
Actual 1.1%
Expected 1.2%
Previous 1.3%
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Dagangan ditutup: sasaran tercapai
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
✅MY Recommended Broker is TRADE NATION
🔸bit.ly/49VySJF
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.